Legal Question in Business Law in New York

That's a good question and the general rule is if you're doing business in a state you have to register and pay tax on income earned in that state. Yes, one of the drawbacks of using an out of state LLC is that it makes you a foreign company in New York even though you live here. If you've elected to be taxed as a disregarded entity for federal purposes, that may make a difference.

Good luck.

You would not need to qualify in NY unless you have created a nexus there, which is usually something systematic and considtent like offices, showrooms, workers, etc.

It usually makes sense to domicile an entity where you are operating it, but in some cases there is a lot of latitude. If, for example, you acquired a virtual office address in WY then to the world would be in WY. This might be an issue of course if someone sued you in WY, which is where they would, and you have to deal with that from NY.

If you need help or clarification, feel free to contact me anytime that is convenient.

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Kind regards,

Frank

Natoli-Legal, LLC

www.LanternLegal.com

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DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.